AI ‘vibe coding’ startups burst onto scene with sky-high valuations
By Anna Tong, Krystal HuNEW YORK, NY (Reuters) -Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, but one area stands out: software development.So-called code generation or “code-gen” startups are commanding sky-high...
Dollar General lifts annual targets on demand for cheaper essentials
By Juveria Tabassum(Reuters) -Dollar General raised its annual targets after beating estimates for quarterly profit and sales, in sharp contrast to other retailers cutting financial targets and sounding caution on consumer spending due to tariffs.The company’s...
Any Trump deal with Iran must tackle nuclear watchdog’s blind spots
(Fixes typo in paragraph 19)By Francois Murphy and John Irish VIENNA (Reuters) -U.N. inspectors monitoring Iran’s Fordow nuclear site confronted a major gap in their knowledge last year as they watched trucks carrying advanced uranium-enriching centrifuges roll...
Airlines stick to net zero target despite green fuel doubts
By Rajesh Kumar Singh, Shivansh Tiwary and Tim HepherNEW DELHI (Reuters) -Global airlines wrapped up a two-day summit on Tuesday sticking to a target of net zero emissions by 2050, but voicing fresh worries about the availability of greener fuels and new planes.The...
Apple challenges ‘unreasonable’ EU order to open up to rivals
By Foo Yun Chee(Reuters) – Apple has submitted a legal challenge to an EU order to open up its closed ecosystem to rivals such as Meta and Alphabet’s Google, saying the demands are unreasonable and hamper innovation.The European Commission had in March...
FAA expects to soon boost flights at Newark airport after runway reopening
(Reuters) – The Federal Aviation Administration said it plans to soon boost the number of flights at Newark Liberty International Airport after a runway reopened on Monday nearly two weeks ahead of schedule.Acting FAA Administrator Chris Rocheleau said the...
Musk’s xAI seeks $113 billion valuation in $300 million share sale, FT reports
(Reuters) -Elon Musk’s xAI is seeking a valuation of $113 billion in a share sale worth $300 million, the Financial Times reported on Monday, citing people close to the situation.The deal would allow employees to sell shares to investors and a larger investment...
Disney laying off several hundred in film, TV, finance
(Reuters) -Media company Walt Disney is laying off several hundred employees in film, television and corporate finance, a source familiar with the matter said on Monday.The layoffs affect multiple teams around the world, including film and TV marketing, TV publicity,...